EQT Infrastructure VI has announced a significant expansion into South Korea’s waste management sector through a definitive agreement to acquire KJ Environment and its affiliated companies. This move, executed in partnership with Genesis Private Equity, is set to create a prominent waste treatment platform focused on plastic recycling and waste-to-energy solutions. Strategic Expansion in South […]
Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE: BW), has completed the sale of its Danish subsidiary, Babcock & Wilcox Renewable Service A/S (BWRS), to Hitachi Zosen Inova AG (HZI) based in Zurich, Switzerland. The transaction, finalized on June 28, 2024, was valued at $87 million, subject to customary fees and adjustments. BWRS, a key player […]
Blue Planet Environmental Solutions Pte. Ltd., a pioneering force in sustainable waste management, has achieved a milestone in its mission towards sustainability and the circular economy with the acquisition of majority stake in Mahindra Waste to Energy Solutions Limited (MWTESL), a key player under the Mahindra Group umbrella. This strategic move represents a significant leap […]
In a significant development in the global energy sector, Kyuden International Corporation (KIC), a member of the Kyuden Group, together with the Development Bank of Japan Inc. (DBJ), has announced the completion of their acquisition of stakes in Viridor Energy. This move, conducted in collaboration with Equitix, a major UK infrastructure fund, through a joint […]
Antony Waste, renowned for sustainable waste management solutions, proudly completes the landmark 14MW/1,000 TPD Integrated Waste to Energy Project at Moshi, Pimpri, Maharashtra. This innovative venture marks Antony Waste’s alignment with global sustainability goals, bolstering its position as a leading environmental change-maker in the G20 community. The project stands as Maharashtra’s inaugural venture into waste-to-energy […]
Indian solar and agri waste-to-energy company SAEL will receive an equity investment of approximately INR 500 crores (NOK600 million or $60 million) from the new Norwegian Climate Investment Fund, managed by Norway’s state-owned Norfund. The renewable energy company will use the proceeds to generate 3GW of clean energy using crop stubble as fuel. The investment […]
EQT Infrastructure has agreed to acquire Covanta Holding Corporation, a New Jersey-based waste-to-energy solutions provider, for $5.3 billion. The deal will enable the publicly listed Covanta Holding Corporation to go private. Currently, the sustainable waste and energy solutions provider is listed on the New York Stock Exchange (NYSE). As per the terms of the deal, […]